NOT LISTED FOR SALE

127 Water St Newburyport, MA 01950

Estimated Value: $914,000 - $1,155,000

4 Beds
2 Baths
2,640 Sq Ft
$397/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $575,000 $218 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,240/month

14 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 4-minute walk to Joppa Park
  • Newburyport High School Rated A-
  • Tankless Water Heater

About This Home

As of December 2018

Fantastic South End location of this recently renovated two family home. Each unit includes hardwood floors, two bedrooms, updateded kitchen and bath, in-unit laundry and 2 off street parking spaces. First-floor unit includes central AC as well as a brand new on-demand water heater. The second-floor unit features a finished loft space as well as a brand new boiler for heat and hot water and mini split systems for cooling. Only blocks to downtown featuring shopping and great restaurants. Conveniently located near the T-Station and Clipper City Rail Trail. Potential to convert to condominiums.

Last Agent to Sell the Property

Josh Naughton Team

RE/MAX Innovative Properties Listed on: 10/18/2018

RE/MAX Innovative Properties

Last Buyer's Agent

Diasio & Pavon Team

Realty Executives Boston West

Realty Executives Boston West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,714

Year Built

  • Built in 1850

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Deck
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,714

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.25
  • Year Built Description: Actual
  • List Price Per Sq Ft: 226.89
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1850

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN3560
  • Main So: BB5398
  • Estimated Sq Ft: 2640.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck - Wood
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Dryer, Washer Hookup
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, T-Station

Lot Info

  • Assessments: 556500.00
  • Acre: 0.09
  • Lot Size: 3920.40
  • Page: 0440
  • Zoning: WMD
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7379.19
  • Assessor Parcel Number: 2085604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Murray Jane B and Murray John G
Bought by
Murray Water St Rt
Current Estimated Value
$1,047,222

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 11, 2018
Sold by
127 Water Street Rt
Bought by
Murray Jane B and Murray John G
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Diasio & Pavon Team
Realty Executives Boston West
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Rodenberger Llc
Bought by
127 Water Street Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2005
Sold by
M & J Rt and Spalding Mona T
Bought by
Rodenberger Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 1996
Sold by
Balcom Edward W and Balcom Sara
Bought by
M&J Rt and Spalding Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murray Water St Rt -- None Available
Murray Jane B $575,000 --
127 Water Street Rt $400,000 --
Rodenberger Llc $375,000 --
M&J Rt $144,629 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 127 Water Street Rt $375,000
Previous Owner M&J Rt $191,707
Previous Owner M&J Rt $225,000
Previous Owner M&J Rt $9,060
Previous Owner M&J Rt $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $575,000 -4.0% $218 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $599,000 -- $227 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,714 $909,600 $458,400 $451,200
2024 $8,379 $840,400 $416,800 $423,600
2023 $8,235 $766,800 $362,400 $404,400
2022 $8,152 $678,800 $302,000 $376,800
2021 $7,823 $618,900 $274,500 $344,400
2020 $7,674 $597,700 $274,500 $323,200
2019 $8,087 $618,300 $274,500 $343,800
2018 $7,379 $556,500 $261,500 $295,000
2017 $5,013 $372,700 $249,000 $123,700
2016 $4,866 $363,400 $237,100 $126,300
2015 $4,813 $360,800 $237,100 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72412740

MLS Property Information Network (MLS PIN)

APN: NEWP-000023-000007